General Manager Steve Tambellini announced today the Edmonton Oilers have signed Magnus Paajarvi-Svensson to a three-year NHL entry level contract.

Paajarvi-Svensson, the Oilers 1st round choice, 10th overall, in the 2009 NHL Entry Draft, recently completed his third season with Timra IK of the Swedish Elite League. The 6’2”, 201-pound left-winger from Norrkoping, Sweden, finished third in team scoring with 29 points (12G, 17A) in 49 games.

"This is an exciting day for the Oilers organization,” said Tambellini. “In signing his first NHL contract, Magnus has demonstrated through his junior and pro career with Team Sweden that he is an explosive player who exhibits great determination going to the net. We look forward to seeing him at his first NHL training camp this fall.”

The 19-year-old has also seen considerable action internationally, most recently winning the bronze medal at the 2010 World Championship in Germany with Team Sweden. He led the team in scoring with nine points (5G, 4A) in nine games, was third in tournament scoring and was selected to the tournament all-star team, all at just 19-years-old. Paajarvi-Svensson also has won two silver medals at the 2008 and 2009 IIHF World Junior Championship. In 2008, Paajarvi-Svensson became the youngest player ever to play with Sweden when he was just 16 years and 8 months old.